Portfolio Savings Account
Security, liquidity, and a premium interest rate - at 1st Source we've combined all three in our Portfolio Savings Account.
With the Portfolio Savings Account, you earn a premium rate that is competitive with money market returns. It's great for short-term or long-term investment needs and your funds are FDIC insured to the maximum allowed.
- A minimum balance of $15,000.00 is required to open this account
- The account features a tiered rate of interest so the higher your balance, the higher your rate.
- To take full advantage of the Portfolio Savings Account’s attractive interest rates and to avoid $20 monthly service fee, a minimum daily balance of $25,000.00 should be maintained.
The Portfolio Checking and the Portfolio Savings Accounts are only offered to individuals and trusts. Account opening is subject to credit approval. The Portfolio Account is a tiered, variable-rate account. The rate may change after opening. The Interest Rate and Annual Percentage Yield (APY) can be obtained by contacting a 1st Source banking center or contacting 1st Source Customer Service at 1-800-513-2360. Accounts with balances below the minimum monthly balance that is set forth in the Fee Schedule disclosure are subject to a monthly fee. This fee will reduce earnings on the account.
Refer to the Fee Schedule disclosure for more information. (pdf)